@thewhitecoatinvestor: Many people assume retirement accounts are locked up until 59½. That is not always true. Most investors believe retirement accounts cannot be accessed without penalty until age 59½. But that is not always true. Under certain circumstances, individuals who separate from an employer at age 55 or older may be able to withdraw money directly from a 401(k) or 403(b) without paying the usual early withdrawal penalty. The key detail is that the money typically must remain inside the employer-sponsored retirement plan rather than being rolled into an IRA. Understanding these rules can create valuable flexibility for physicians and high-income professionals thinking about early retirement or career transitions. Sometimes small technical details can make a major difference in financial planning. #FinancialBootCamp #WhiteCoatInvestor #RetirementPlanning

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Thursday 09 July 2026 15:00:00 GMT